Capesize Freight Share Hits Five-Year Low
Singapore — The Capesize freight rate as a percentage of the seaborne iron ore price has touched a record low, with a supply crunch for the mineral along with excess tonnage availability altering...
DNV GL Awards AIP To DHSC For Small-Size LPG Carriers
Prior to the AIP, DHSC and DNV GL had teamed up in a joint development project (JDP) on small-size LPG carriers using LPG as dual fuel, says an article published in DNV-GL.
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While DHSC worked...
130 NGOs Take on European Union’s Green Finance Rules
The EU’s green finance rules must be grounded on science, 130 NGOs and experts have told the European Commission.
This comes after EU proposed to designate fossil-fuel powered ships, bioenergy, hazardous chemicals and...
[FAQs] How 10% Barnacle Cover Can Increase Fuel Consumption By 36%
Barnacles only attach when a ship is idle, says an article published in TANKER Operator.Many vessels have been idle for considerable periods this spring, being used for oil storage, or delayed in transit. One...
This year AOTOS Award Goes To …
The United Seamen’s Service 51st annual Admiral of the Ocean Sea (AOTOS) Award took place virtually on December 9, 2020.
This year’s presentation highlighted the service of the entire American maritime community to...
Emergency Space Surcharge and Freighters Plight
Freight forwarders are “exasperated” by the latest surcharge added to their already sky-high bill by shipping lines.
An 'Emergency Space Surcharge', levied by CMA CGM, of $200 per teu from 15 December from...
[Watch] What are the Biggest Factors in Flagging Ships?
Before getting too far, it’s important to understand what exactly it means for a vessel to be “flagged.”
What might surprise you is that ships don’t have to be flagged where they are...
MOL Trials Renewable Next-gen Biodiesel On Their Tugboat
Euglena biodiesel fuel is a next-generation renewable fuel produced with used cooking oil and Euglena.
Marine diesel engines can run on this next-gen fuel with no modifications.
Euglena biodiesel fuel is a low-environmental...
Stowaway Skunk Captured Aboard Cargo Vessel
A stowaway skunk was finally captured in the Maui docks after hours of long search, reports Hawaii News Now.
Live skunk aboard cargo ship
State agriculture workers on Maui helped capture a live skunk on Tuesday...
Baltic Dry Futures Witness Recent Surge in Gains
Seeking Alpha reports of a recent uptrend in the Baltic dry index.
Baltic Dry FuturesThe Baltic Dry Index (BDIY:IND) rose 3.08% to land at 1,273 points and record a fifth straight day of...